September 27, 2006
Senators Toy With China Trade War
Meanwhile the US dollar continues to improve against China’s currency as the Yuan float accelerates.
Neither Graham nor Schumer is up for reelection this year but Graham has something to lose politically. South Carolina based Mt. Vernon Mills, which owns 17 textile mills in South Carolina, Georgia, Alabama, Mississippi, Texas, and California, is a major contributer to Graham’s coffers. And Mt. Vernon Mills owner, Reverend Bob Pamplin (lives in Oregon) is a Republican fundy middleweight. Will Graham be tempted to jeopardize the global economy to save a few 19th Century jobs and milltowns for a fading plutocrat?
September 25, 2006
Shanghai Shake Up
Chen Liangyu, until today Communist party boss in Shanghai, is now out and accused of corruption that squandered hundreds of millions in retirement fund money. (Just think of a giant San Diego on the other side of the Pacific.)
Word is Chen's sudden departure is a sign of an internal power struggle in advance of next year's 17th Communist Party Congress and Presidential election (Hu Jintao is eligible for one more 5 year term according to China's constitution). Shanghai is an important town and political struggles there often signal big shifts in the Chinese government.
China Stock Markets Ready to Take Off?
September 24, 2006
NASA Lands in China
The head of NASA, Michael Griffiths, arrives in China today to discuss USA - China space cooperation.
Biannual USA-China Economic Summit Planned
September 22, 2006
China Futures: Singapore or Shanghai?
September 19, 2006
China and USA Navies Search and Destroy
Below, local Chinese of the Baja-San Diego region welcome the invasion:
The ships will take part in joint exercises today with the American Navy and the sailors will later get to do some sightseeing.
September 18, 2006
Should we expect a few headlines this week (at least in the usual 'conservative' places) on how Chinese spies ran rampant under Clinton and got all our secret recipes for the latest-n-greatest war toys? Funny how few of these crimes ever got punished or revealed at the time.
Gertz's "battle for freedom and democracy" is a catchy battle cry. Will it inspire our troops enough to fight China? We'll find out soon if Gertz's anonymous Pentagon buddies get their way.
September 14, 2006
Clash of Claptrap
Most pointedly, Kissinger says that the great war of civilisations cannot be stopped by "ad hoc bargaining over Security Council resolutions; rather, the Security Council resolutions should emerge from an agreed strategy." Hmmm. What's preventing a unified strategy now? Ahhh, possible veto from permanent members Russia and China? Of course, if it's "civilizations" we're talking here than it is plain to see that the odd man out is China, since Russia, despite all its failings, can pass for "Western."
[Below, our Iraq puppet and the President of Iran, the day after 9-11. Clash of civilizations indeed.]
Kissinger thinks there is a dangerous “erosion of nation states” currently. What a bunch of hooey – the USA, Britain, Japan, Iran, Israel, China, all of these countries are fiercely nationalistic at the moment. Where is the evidence for this clash of civilizations? Global financial capitalism and the unstoppable spread of American consumerism is the reality today. Convergence is happening under our noses, not the opposite. As the premier China policy
September 13, 2006
USA to China: "We Want You to Succeed"
Regarding China's currency, the "M" word (manipulation) was never uttered and the only urging on the Yuan was that China include it in the overall reform of the financial system, now underway.
And in a sure sign that Paulson's Treasury won't tango with Schumer-Graham (the moribund China trade war bill sponsored by Senators Charles Schumer (D-NY) and Lindsey Graham (R-SC)(see my previous posts), Paulson said "protectionist policies do not work and the collateral damage from these policies is high. By closing off competition and blocking the forces of change, protectionism reduces the losses of the present by sacrificing the opportunities of the future."
These comments may signal an important shift in China policy but sadly won't be covered much here in America. The Financial Times of London leads with it here.
September 08, 2006
Radio Free Propaganda
The Cuba outfit is just one of the efforts under the authority of the Broadcasting Board of Governors which is the umbrella group for all the organizations, many private, which get federal dollars to promote “democracy” and “freedom of religion,” i.e., propaganda against the governments of select nations. It includes the VOA, Radio Free Asia, Radio Free Europe, Radio Liberty, Radio & TV Marti, and so on. Congress authorized almost a billion dollars for BBG this fiscal year (2007).
About a year ago the Chairman of the BBG, Kenneth Tomlinson, was accused of fraud in a State Dept. Inspector General's report for giving about $250,000 to a friend and former VOA employee for unknown services. Tomlinson remains the Chairman.
I’ve long suspected but have not found evidence (yet) that Radio Free Asia pays for phony news stories (more often than not unsubstantiated and third-hand) about "human rights" abuses in China.
The whole outfit is propaganda. The question to me is, is it really in our national interest? Imagine if the Chinese spent $36 million each year (the current level funding for “Radio Free Asia”) to broadcast an English language show highlighting every abuse by an American police force, every injustice done the American poor, every failing of local government? Maybe they should.
September 07, 2006
Why are we in Iraq?
My comments at his blog, repeated here:
When you consider what your analysis shows – that the real aim of the GWOT is to establish & maintain an American presence on the Eurasian landmass and to control the spigot of oil that not only feeds our economy but even more so the European Community, Japan, and China – then you can see that Iraq truly is a new Vietnam. Why were we in Vietnam? The USA needed to establish its dominance in Asia and Indo-China was then the most unsettled area. The countries of the region (Laos, Cambodia, India. China, etc.) were still determining their borders up to the start of the Vietnam occupation. Of course who were we really confronting in Vietnam? China, of course. And hence the importance of North Korea in the “axis of evil” nonsense since North Korea justifies a continued American military nuclear presence not far from Beijing. We are in Iraq and all the other areas mentioned because we are really confronting the Chinese first and the Russians second. This is the big game of the 21st Century. But our “leaders” have to lead us down to defeat again in a pack of lies. Take any book or good magazine article from the late 60s and early 70s, search and replace the word “Vietnam” with “Iraq” and you’re reading today’s news.
September 01, 2006
CHINESE MISSILE BLOWN UP OVER PACIFIC
Read more about AFP Here.
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